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20121205
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CNBC 1
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English 42
Search Results 0 to 41 of about 42 (some duplicates have been removed)
MSNBC
Dec 7, 2012 5:00pm PST
fat. why are you not bringing this to the floor? >> an urgent message from nancy pelosi. but it's casual friday for speaker boehner. >> this isn't a progress report bauds there's no progress to report. >> today's news, speaker boehner and president obama will be the only two at the table to make a deal. i'll ask emanuel cleaver if boehner can get it done. >>> 33 months of private sector job growth. now is the time to start spending on jobs. david cay johnston is here. >>> the filibuster is more than an embarrassing blunder. bernie sanders explains why. >>> the right to work in michigan has ignited a fire storm with workers. we'll have the latest on rick snider's race to the bottom. >>> and breaking news from the supreme court. there will be a decision on the constitutionality of same-sex marriage. law professor jonathan terly has all the details. >> thanks for watching. john boehner isn't having a lot of fun this holiday season. president obama continues his pressure campaign to pass the tax cuts. the president is also taking time to be fesive. john boehner doesn't sound so merr
FOX Business
Dec 8, 2012 10:00am EST
are reaching a dangerous, dangerous to pinpoint in this country, and e have nancy pelosi, the minority leader saying that you cannot cut your way to deficit reduction. mind-boggling. >> it is mind-boggling. after the second world war we cut our government spending by 60 percent. the economy boomed. we cut ourselves all the way into a big surplus. israel was in a catastrophic crisis in the mid 80's. it cut its way drastical to a surplus. lou: this country has a long history. >> and new zealand. lou: this country, if we can be parochial allotted for a moment, we can learn from our own experience. it is pretty clear that when we talk about, as this administration has, returning to a clintonnera tax rates, it would be a wonderful boon if we were to be able to also return to the balanced budgets of the clinton years, if we could return to the trillion dollar peace dividend that the bush years left on the doorstep of the clinton years. but none of that is ever examined. also, we also are the beneficiaries of a massive technology bubble and the markets. >> plants and reduced the capital gains tax by
MSNBC
Dec 5, 2012 3:00pm PST
anymore in front of business leaders. >> let me ask you this, margie. nancy pelosi argued that the democrats must stand strong against raising the medicare eligibility age. will democrats hold the line on this? >> i don't think there's any question. we cannot raise the age of medicare. this would be a marriage major cut in benefits. it would hurt people from 65 to 67 because the truth of the matter is, many people in the united states are not living longer. those are people, poor women are actually living shorter. people who make less money are living -- i have not seen their longevity grow. we cannot do that. that is a cut in benefits that we don't want and the american people are adamantly against it, overwhelmingly against it. >> is that a deal breaker, then, for democrats if the ageç eligibility is on the table? >> i think if the age of eligibility is on the table -- and i doubt very much that it will be. i believe that the president is not going to support that. and i believe that the democrats are not going to support changing the age of eligibility. it is nothing
FOX
Dec 5, 2012 6:00am PST
from democrats shortly. minority leader nancy pelosi is holding a news conference. we'll have that for you during our next update. reporting live from washington, d.c. alison burns ktvu channel 2 news. >>> a los angeles area fire house is under fire for letting an exdeny letting an exercise company shoot a racy video inside its station. the video by hoopnautic.com shows a scantily dressed woman dancing around. the station was also in trouble last year for allowing some fire trucks to be used in a porn movie. >> san francisco police are using a new tool to help solve crime. the public can help use it to send in tips. coming up what police plan to do each week to close some unsolved cases. >>> 6:17. we have wet roads this morning. tara you are watching everything incolluding 101 in san francisco. >> we do have a lot to talk about at hospital curve. it's just kind of hard to see and a lot of lane changes. if we take a look at our maps we can show you some of thics accidents here. first one is on 280 northbound. and then we do have some flooding here 101 northbound. this is the in
FOX Business
Dec 12, 2012 7:00pm EST
caucus, both sides are not close on a deal to avoid the cliff, minority leader nancy pelosi ripping republican leadership from house floor in what can be described as a bizarre rant that ended with a compliment of the speaker. >> it really getting boring. it is smacks a little bit of nero, figure it out, we did. figure it out. then, go forward and continue to debate the issue. i believe he is a important of good intention, maybe that gets me into trouble my saying that. lou: to surprise of many in washington boehner appears to have support of more voters than anyone thought previously, a new fox poll shows 3 a 3 to 1 margin, voters believe by enacting mostly spending cuts is the best way to deal with the problem. president obama continue its push his ultimatum on higher taxes for wealthy, and republican leaders responding by warning their members to be prepared for christmas in washington because of the stalemate. and joining us now, congressman devon nunez, a member of house aways and means committee. speaker saying they are separated by serious gaps here, what are your thoughts? >
MSNBC
Dec 8, 2012 7:00am PST
that's been put against a person like nancy pelosi. now, nancy pelosi, you can say a lot of things but at the end of the day, nancy pelosi is an italian-american grandmother. she carries the values of exactly that. so when you saw -- okay, it wasn't perfect but when you saw obama care actually breakthrough and make it, it was because the burden was on nancy to pull it through. >> that's part of what makes me nervous, that nancy pelosi is not at the table. >> hello. that's why over and over and over, they have demonized her and over and over and over they have wanted to eliminate her. some even on the democratic side. why? because she is actually the values person in the room saying -- >> we are going to break now. as soon as we come back, i'm going to talk on another value that's getting demonized about the rights of workers to organize. my letter is next. this week, to the governor of michigan. why is the birth place of modern labor movements trying to kill unions when we come back. [ man thinking ] oh, this gas. those antacids aren't working. oh no, not that, not here! [ male ann
CNN
Dec 9, 2012 6:00am PST
? the high wage earners? does he have those votes that he can put together with whatever nancy pelosi can stir up and pass it? >> i'm not sure there is support for the rate hikes. there is support for revenue, by cleaning up the code. >> can you tell me what the difference is? isn't $800 billion in collected revenue still a tax hike? >> there are so many things, and this has been part of the debate for years. looking at cleaning up the code. and candy, getting in there, and there are so many ways you can do it. maybe you want to cap total deductions, maybe you want to look at some of these tax credits and clean this code up. dave camp put an incredibility amount of time into this. he and kevin brady have worked on this. it is the time -- this is the opportunity to clean that code up. >> if we don't act before the end of the year, taxes go up for everybody, not for 2%, and it's a lot more than $800 billion. and in this case -- >> on the wealthy, they would run out. >> yes, some people think if we dig in and hold strong we can stop it, that's not the case. you have to do something, and doin
FOX News
Dec 11, 2012 1:00pm PST
. there are a lot of hurdles to cross. >>neil: nancy pelosi was criticizing speaker boehner, and speaker boehner and the president for not putting up numbers. they are back to sniping the that is not good. >>guest: there are open lines of communication, and there are conversations going on. >>neil: you mean they just don't hang up on each other? >>guest: it is better than that. there is a huge difference between talking and coming closer to an agreement. >>neil: were you noon those that said don't touch entitlements? >>guest: i don't know what you are referring to. >>neil: this remain eight democratic congressmen and senators, obviously you were not, i apologize, they said don't touch entitlements. this is not the time to do that. >>guest: the issue with entitlements. medicare, first, the sure is not whether we should. >> chief savings in medicare, the debate is over how we do it. >>neil: you do not think it should be part of this process? >>guest: we can find saving. but not by passing the costs and risks on to the backs of seniors, by looking for better ways to do it. you look at the president
MSNBC
Dec 7, 2012 11:00am PST
and nancy pelosi held duelling news conferences slamming the other side for not taking the looming crisis seriously. >> this isn't a progress report, because there's no progress to report. when it comes to the fiscal cliff that's threatening our economy and threatening jobs, the white house has wasted another week. >> we've had time. the president has given the republicans flexibility to come up with a credible, specific plan. what they offered in return was an empty letter lacking in specifics. >> meanwhile, vice president biden is having lunch with several middle class americans who would see their income taxes go up if the tax cuts are not extended. all of this comes as the first jobs report since the election exceeded expectations. the u.s. economy added some 146,000 jobs last month. that was enough it to drive the unemployment rate down to 7.7%. joining me to talk about all of it, florida congresswoman debbie wasserman schultz and she chairs the democratic national committee. good friday afternoon to you. >> thank you. >> john boehner said today that democrats' plan is to, quote, slo
MSNBC
Dec 8, 2012 9:00am PST
the wealthy. nancy pelosi was here last night talking to the president, i'm told. we are working this issue very hard, alex, as you're probably aware, trying to figure out the state of play here. there isn't much movement here. there wasn't a lot of information to share. everyone in washington that's close to this es being very cagey. the president is actually out golfing right now. i'm told john boehner the speaker has stayed in town this weekend, somewhat unusual for him. but as far as we can see, no movement, alex. >> okay. mike, now don't go too far. you're coming back as one of our esteemed guests in today's big panel. about 1:45. you're going to get all the hard questions. it's all coming your way. we'll see you in a bit. thank you. >>> the fiscal cliff is not just a concern for americans as my next guest learned on a recent trade mission to china where he was pat of a conference organized by former u.s. treasury secretary hank paulsen. joining me now, philadelphia mayor michael nutter here in studio. good day to you. >> good seeing you, alex. >> tell me first of all what was the miss
CBS
Dec 12, 2012 7:00am PST
thank you. nancy pelosi leads the democratseads in the house of representatives. we're pleased to have her with this m us.good good morning. >> good morning. >> where are these negotiations? when they were bargaining over the grand bargain you gave the the president and your caucus did cus d room to go in there and negotiate. he has that i assume, again, sosume he can put spending cuts and cuts and entitlement cuts on the table.he presi >> the president knows our views, sha views, shares our values. we respect his leadership and there's a recognition that he he may need our votes.e's n >> but there's no red line for you and the democrats in the use. house. you want the president to make a deal and deal and lay out what he can do.do. >> that is true. t however, we want what happens toe of the be fair and to work.e and one of the things we object to is raising the medicare age. red >> it's not a red line for you?g that >> it's something that says don't go there because it doesn't produce money. what others, what do we need?here? reneed resources, we need cuts and we need grow
CNN
Dec 5, 2012 6:00am PST
're expecting a news conference any minute now on that meeting. we'll bring it to you live. nancy pelosi spoke about it a few hours ago. here's what she had to say. >> i would hope that that would break the fall on the cliff, which is becoming more of a soil if they do that but really, we do need to put a down payment, not just in revenues which passing middle income tax cut means the end of holding them hostage. >> senior congressional correspondent dana bash is on capitol hill. so what's happening now? >> reporter: well, we have been talking to republican lawmakers as they have been coming out of this meeting that the house republican conference had this morning and i should tell you any moment we're going to see the speaker and the other members of the leadership. i'll sit down when that happens. but what we've actually heard is what went on behind closed doors is not the backlash from conservatives outside the congress but certainly groups that are very, very upset that the house republican leadership sent a counteroffer to the president that includes $800 billion in new revenue. that's no
FOX News
Dec 5, 2012 6:00am PST
thing and that is just crossing from nancy pelosi who says that she does not think that the debt ceiling issue is part of this fiscal cliff discussion, which is interesting, because that is different than the plan that timothy geithner brought forth. in his plan they were going to try to raise the debt ceiling indefinitely. he said it would be terrible for them to have to go back and ask permission to continue the raise the debt ceiling because owe thinks it makes the creditworthiness of the united states in play and jeopardy. an interesting development from nancy pelosi. who knows whether or not she is central to the debate going on right now. bill: there will be another briefing on benghazi. the families of the four americans killed in that attack almost three months ago say they are still in the dark about what happened to their loved ones. the father of tyrone woods one of the former navy seals saying he learned more from witness accounts about how his son died than he did from the white house. new hampshire senator kelly ayotte member of the house services committee and the budget c
CNBC
Dec 11, 2012 4:00pm EST
of disappointments, you get that downtick. learn from nancy pelosi. the richest person in congress. doesn't speak during market hours. >> thank you very much. >>> going to the close of a gain of 80 points and our old friend from "power lunch" days, chuck lovelle ringing the closing pebble and much more now from washington with maria bartiromo on the "closing bell." >> it's 4:00 on wall street. do you know where your money is? hi, everybody. welcome back to "closing bell." i'm maria bartiromo coming to you live from the white house. stocks rallying and closing off the best levels of the session after senate majority leader harry reid warned it will be tough to reach a deal to avoid the fiscal cliff before christmas. we all note deadline, december 31. take a look at how we're finishing the day. the dow jones industrial average up about 80 points today. it was higher, much higher than 100 points earlier today, up two-thirds of 1%. volume on the light side this afternoon. nasdaq composite picked it up. technology up better than 1%. s&p 500 also on the upswing. markets maintaining steady gains all day
CNN
Dec 9, 2012 5:00am PST
worship, and nancy pelosi's membership, they can put together a coalition that can pass this thing in the senate which is pretty dominated by democrats. more of a foregoing conclusion. >> and who is coming up on your show to talk about the fiscal cliff today? >> we doctor v two remembers, marsha blackburn, they both have very different views, suppose the speaker gets a deal, and he can't get his folks to sign on. it has happened before as we know. it happened in the grand deal that he and president obama were putting together together before, so how far can the speaker go, before they start to lose too many people. so we'll have them talk about how short or long of a leash the speaker has. >> and i understand you have kristine laguard on? >> yes, she is head of the i.m.f., and in this global economy, nobody is in their economy alone. the world is also watching these negotiations and the lack of a deal, certainly, could shake the markets, and shake confidence across the globe. this is a global village watching the fiscal cliff. >> thanks, looking forward to that. looking forward to
CNN
Dec 9, 2012 9:00am PST
in the upper echelons of society, does he have enough votes that he can put together with whatever nancy pelosi can stir up and pass it? >> i'm not sure there's support for rate hike, there is support for the revenue by cleaning up the tax code. >> isn't there $800 billion of collected revenue still a tax hike? >> this has been part of the debate for years. looking at cleaning up the code. and candy, getting in there and -- there are so many ways you can do it. maybe you want to cap total deductions, maybe you want to look at some of these tax credits and clean this code up. dave campus p dave's camp has put an incredible amount of time on this. it is the time, this is the opportunity to clean that code up. >> if we don't act before the end of the year, taxes go up for everybody, not for 2%, and it's a lot more than $800 billion. there's a big difference between a temporary tax cut that goes out than's proactively raising taxes. it happens automatically. we have to do something and doing something requires the cooperation of the senate, which the democrats run, and the signature of the presiden
MSNBC
Dec 5, 2012 3:00am PST
sides. on the president's side, he's got the left. he's got nancy pelosi and several other, you know, prominent democrats pushing him from the left. boehner has a more difficult path to negotiate. he's got jim demint in the senate hollering each and every day. he's got his own problems in the house, as we've just spoken to. within the context of this, jack lew, chief of staff, along with treasury geithner, is sitting there every day trying to put something together. jack lew 30 years ago was working for tip o'neill. he knows the rough architecture of a road map towards a deal. one of the keys, especially with regard to speaker boehner is, you cannot leave your opponent, speaker boehner, hanging out there to dry, getting pummeled by his own side. you've got to come to him a little. but i agree with steve rattner, the president is not going to yield on tax rates for the wealthy. he's not going to yield on that. >> he's going to have to yield in some way. i mean, maybe it's 37% that's the top tax rate. >> yeah. >> maybe you go from $250,000 to $400,000 or $250,000 to $500,000. he's goin
MSNBC
Dec 10, 2012 11:00am PST
think that is the single clearest indication of seriousness to date. that is, instead of having nancy pelosi, harry reid, and the president and boehner and mitch mcconnell, you have two men in one room and that to me says an awful lot. the fact they released a statement that's plu conic. the lines of communication are open. this indicates to me a degree of seriousness we haven't seen to date and very important. now,ly also point out to you on the issue of balance and what former senator simpson said, i'm paying attention to the statements of business leaders right now. in particular, look at randall stevenson, ceo of at&t who said i think we need to avoid the fiscal cliff and a balanced approach and someone who's trended republican personally, that says a lot. it gives cover to the republicans in congress that this is okay to do in the name of american business. >> david, i want to quickly pivot back to entitlement reform. if the republicans have cover with the business world, let's play what erskine bowles said about entitlements and the president. >> i don't see why the president wo
MSNBC
Dec 5, 2012 7:00pm PST
. he has to deal with nancy pelosi one way or another. >> howard dean and krystal ball, thank you both for joining me tonight. >> thanks. >> coming up, there is a sleeping giant in the tax policy issues facing the president and congress, and no one is talking about it yet. another republican is takingç shots at mitt romney, and this time of all people it's paul ryan. and also coming up, marijuana, marriage, hillary clinton, seceding from the union and gangham style are all in the rewrite. ♪ well, having a ton of locations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. [ male announcer ] jill and her mouth have lived a great life. but she has some dental issues she's not happy about. so i introduced jill to crest pro-health for life. selected for people over 50. pro-health for life is a toothpaste that defends against tender, inflamed gums, sensitivity and weak enamel. conditions people over 50 experience. crest pro-health for life. so jill can keep livin
MSNBC
Dec 6, 2012 8:00am PST
right now. as we speak, house minority leader nancy pelosi is giving her briefing this morning. weep put that up for everybody to see. when we talk about where we are in the staging of all of this, all the drama, the back and forth, the clock ticking, americans truly watching this, you think that the house would be in session today but you all closed up house day early, streamed out yesterday in a walkout. what gives? how do you explain this to the american people when they expect you should be at work trying to resolve this? >> i'm not sure you would call it a walkout. we're waiting for the president to act. we have laid something on the table and we continue to be stalemated by the president and his administration. i am so disappointed that the treasury, geithner, said yesterday they're willing to go off the fiscal cliff and they're notle to negotiate and put something on the table. we've put a good faith effort on the table and you know what, the president is the leatheaet lead. i expect him to be in washington rather than out campaigning. the campaigning is over. it's time to sit at
MSNBC
Dec 6, 2012 1:00pm PST
serious entitlement reform. and a few hours ago nancy pelosi wondered what exactly he had in mind. take a listen. >> what are we talking about here? what are we talking about when we say restructure entitlements? what does restructure mean? destroy, wither on the vine, voucherize, or does it mean let's work together to make these stronger? >> now, given that speaker boehner doesn't tell us anything, are you able to give us any specific examples of what democrats may be prepared to concede in terms of earned entitlements? >> well, i am not willing to say that we cut benefits at all because we can, in fact, make medicare more cost-effective and bring down health care costs without cutting benefits. we did that, and the republicans hit us over the head with it. you remember that number $716 billion and the accusation that democrats were taking it away from seniors and from medicare. >> i remember that lie very, very well. >> and then the president wins the election and now they say and you must cut medicare. well, you know, first of all, that's a very, very unpopular position. and second o
MSNBC
Dec 10, 2012 5:00pm PST
bankrupt. >> nancy pelosi was skeptical about the possible proposal last week. >> first of all, show me the money. i don't even know why that is something that people think is going to produce money. what are we going to do with people between 65 and 67? what is it, a trophy that the republicans want? is that the trophy that they want in order to do what is right, to raise -- to raise the rates for the wealthiest people in our country? >> in addition to giving republicans a victory on entitlements, progressive thinkers make the point that raising the eligibility age is really stupid way to save money because it just forces people to stop buying health care through medicare, which is relatively cheap, and start buying it through private insurance, which costs way more. as the new republic points out. the federal government would save money, yes, but only because state governments, employers, and individual seniors would pay more. how much more? estimates from the center for budget priorities and policy shows the federal government would save about $5.7 billion, while the rest of the heal
MSNBC
Dec 11, 2012 8:00pm PST
. nancy pelosi hit back at boehner's rhetoric today. >> the fact is, the president has and democrats agree, to $1.6 trillion cuts. where are the cuts? in bills that you, mr. speaker, have voted for. >> pelosi is lobbying for house republicans to hold a vote on letting tax cuts expire for the wealthiest americans. with house majority leader eric cantor and congressman paul ryan tasked with pushing boehner's plan on the tea party, it's going to be a tough sell. they are part of boehner's strategy team? in the meantime, the white house is hitting back at boehner and the gop tactics. >> a question of whether or not we have specific spending cuts, the answer is we have. i understand they may not agree with all of it. but it exists. >> i'm joined by illinois congresswoman january schakowsky joining us tonight. congresswoman, good to have you with us. >> thanks, ed. >> harry reid now says it's going to be awful hard to reach a deal by christmas. where is this all heading, in your opinion? >> the republicans are in total disarray. i think john boehner went to the floor today to encourage his -- or
CNN
Dec 12, 2012 1:00pm PST
? >> reporter: a very interesting moment when the former democratic house speaker nancy pelosi had blunt advice for the current republican house speaker in terms of learning how to get his caucus together to find a deal that can actually pass congress and that the president will sign and those blunt words were, quote, figure it out. sources of both parties say a tuesday evening phone call between the president and speaker boehner did not go well. >> well, the president and i had a deliberate call yesterday and we spoke honestly and openly about the differences that we face. >> cnn has learned at least part of the reason why. tuesday's gop counteroffer included a renewed explicit call for a, quote, permanent extension of bush era tack cuts for the top 2% of americans. according to a democratic source familiar with the language. the democratic source argued that proposing to permanently extend tax cuts for the wealthy that the president calls a nonstarter shows that republicans are either, quote, unwilling or unable to make an offer they can pass and the president will sign. >> those magic beans
FOX News
Dec 12, 2012 3:00am PST
of union dues go to democratic causes. >> gretchen: do you remember when nancy pelosi said we have to pass the health care bill to find out what's if it? a bunch of democrats just did and they don't like it. stewart stewart will explain that story coming up. >> steve: we always find him if that exact spot. then the most desirable woman revealed. it's not kate upton. she's third. when is one and two? straight ahead. >> brian: can't wait for the build-up. it's hard to see opportunity in today's challenging environment. unless you have the right perspective. bny mellon wealth management has the vision and experience to look beyond the obvious. we'll uncover opportunities, find hidden risk, and make success a reality. bny mellon wealth management [ engine revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, with the perfect vehicle that's just right for you, no matter which list you're on. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 c250 for $349 a month at your local mercedes-benz dealer. >> steve: welcome bang to our wednesday program. remember when nancy
CNN
Dec 7, 2012 2:00am PST
of the negotiations of 2011 when you had boehner, mcconnell, nancy pelosi all in one ba bainer and the president who were on the phone meeting privately. they could go fwook their constituents and boehner could go to eric cantor and see what kind of deal they could get. but that was the dynamic that came the closest. >> they didn't have control of their parties basically right? does john boehner have more control? >> they think obama can get anything through the house of representatives. but everything that has happened since the election all of the moves in the republican caucus have been about boehner consolidating control over that tea party caucus that didn't allow boehner to get a deal in 2011. >> there will be some criticism about it being two people at the table. will they get a deal done? >> i think there's some criticism from republicans about secret negotiations. i hate to break to to people in washington, but all negotiations over policy are secret in washington. that's how legislation gets done. you have to be in a room with negotiators to cut a deal. i wouldn't fret. >> they get critici
FOX News
Dec 7, 2012 6:00am PST
but certainly doesn't mean they will get a deal. interesting all the other leaders, nancy pelosi, harry reid, mitch mcconnell, they're all out. in the end it will be the president and the leader of house republicans speaker boehner and they will have it make a deal both sides can live with. martha: for all intents and purposes john boehner continues to say that he will not raise taxes on that top 2%. that he wants that revenue to come in the form of changing deductions and loopholes. the president says exactly the opposite. so one side is going to have to give. any bet which side it is likely it be? >> on that issue i think the republicans are going to have to give. it was a key issue in the election. and remember, it's unsustainable i think politically for boehner, forget the economics of this. i know people say that should be the only issue here. let's talk about the politics of it. it is unsustainable for boehner and the republicans to be in a position where they are blocking a tax cut for 98% of the americans because they want it protect tax rates of the top 2%. that may be right or wron
CBS
Dec 10, 2012 7:00am PST
. the president met with boehner after huddling friday with house minority leader nancy pelosi and telephoning senate majority leader harry reid. both democrats wanted to make sure president obama will not freeze them out of fiscal cliff negotiations. far from frozen, some set of republicans appear to be warming to higher tax rates on households earning more than $250,000. if and only if that leads to benefit cuts in health care entitlements like medicare and medicaid. >> give the president the 2% increase that he's talking about, the right increase on the top 2%, and all of a sudden, the shift goes back to entitlements. >> but house republicans, the key to any fiscal cliff deals remains suspicious. >> the president wants the rates to go up, that doesn't solve the problem. we don't want to be back here in another year, in another ten years answering the same questions. >> reporter: the republican co-chairman of the deficit reduction commission said higher tax rates are inevitable. >> if anybody out there who's, quote, rich doesn't think their taxes go up, the drinks are on me. i'll cover it. >
FOX News
Dec 8, 2012 3:00am PST
change? this is great we have more money to spend. >> nancy pelosi saying why aren't we voting on middle class tax cuts? get to the other stuff. put this up for a vote: listen to nancy pelosi. we are not here to pass the middle income tax cut why are we here to not deat a time the middle income tax cut. could it be that the republicans are holding the middle income tax cuts as they have all along hostage to tax cuts for the wealthy? >> can i give another analogy? do you mind? it's just crazy, the former speaker of the houses the republicans are holding the middle class hostage. the two sides that come to the bargaining table may want to come to spending cuts on tax increases. think of it you are selling a house. you want to sell your house, the buyer comes in and you say i think my house is worth 400,000 bucks but the other side comes in and says i'm starting at zero. that's what the democrats brought. that's what the president brought to the table. he he said $1.6 trillion in tax increases and no spending cuts. >> that's a great point. you know why? because what the republicans did was
MSNBC
Dec 8, 2012 11:00am PST
. the president was here, but there were meetings yesterday. nancy pelosi came in and out. no one saw her. we thought reading the tea leaves maybe there would be some movement. there was some movement. the president is playing golf. haven't seen hide nor hair of john boehner. >> mike viqueira, thank you, good sir. for more insight into where all of this is headed and whether there could be a breakthrough, i'd like to bring in david jackson, white house reporter for "usa today," and the politics writer for "roll call." appreciate your time. david, what's your sense right now? how far apart are the two sides? >> i think they're closer than a lot of people think because as mike just mentioned the dispute the size of the tax increase on the wealthy. both sides have said they want to negotiate what that rate may be. as far as the republicans are concerned, they want more commitment from the white house for spending cuts particularly on entitlement programs like social security and medicare. one thing mike talked about the fact we haven't heard much from any of these guys the last few days. i think
MSNBC
Dec 9, 2012 9:00am PST
boehner getting enough republicans. i think nancy pelosi has proven she can pass things. she's proven to be a good soldier. boehner has a harder time coraling the tea party. he's taken steps to show who is boss. he punished four members withdrawaling their favorite assignments. he's got the leadership lined up with him. he looked like a very weak speaker ten days ago. he's looking stronger now. i think republicans understand that the deal they get after the first of the year is a worst deal than they get before the end of the year because the next congress is more favorable to democrats. i think he's in a better position to make the sale this time. >> one thing we have been watching is the two-step process. tom cole of oklahoma has taken a lot of heat from his own party suggesting to get the tax cuts out of the way for the tax cuts. here is what he's having to say about that. >> none of us want to raise the rates on anybody. but the reality is the rates on everybody go up at the end of the month. since we agree with the democrats, 98% of the american people and 80% of the bush tax cut
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